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07 Sep 2017

Nuclear next for Egypt

The country's expanding energy mix is aimed at ensuring steady electricity supply, thus minimising the risk of social unrest

Egypt is going energy mad. The country is on course soon to be ...

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07 Sep 2017

Egypt power lines begins serving Gaza again

One of the Egyptian power lines feeding the Gaza Strip resumed operation yesterday after being cut off for about two months, Gaza’s electricity company said.

Muhammad Thabet, head of public relations at the"...

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07 Sep 2017

Vodafone Egypt selects Openwave for video QoE

Vodafone Egypt has selected Openwave Mobility’s NFV-based download acceleration and encrypted video management solution to enhance subscriber Quality of Experience (QoE) and manage rising encrypted video traffic.

Much"...

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07 Sep 2017

Egypt delivers a drive to contain population boom, but are there any takers?

Questions are being asked about the effectiveness of government initiatives to control Egypt’s population boom.
Since the 1980s, Egypt has struggled to control rapid population growth, with consecutive governments complaining about the resulting economic burden.
In 2016"...

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07 Sep 2017

Life insurers recorded 35.8% growth in face of high inflation rates

Egypt's life insurance companies managed to avert the dire affects of a 30% inflation, according to official data issued by the Financial Supervisory Authority, calling into question claims voiced by several heads of insurers about their reeling from the skyrocketing inflation rates following"...

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07 Sep 2017

Scrapping or watering down stamp duty tax proposed to stem plunging trades

In response to the plummeting trades in the Egyptian Exchange, experts are mulling scrapping or watering down the stamp duty tax imposed on EGX's transactions.

With trades slipping now to EGP300 - 600mn since"...

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07 Sep 2017

Al-Sisi, Quang sign 6 economic MoUs

President Abdel Fattah Al-Sisi and his Vietnamese counterpart, Tran Dai Quang, signed in Hanoi six memorandums of understanding (MoUs) and two programmes of cooperation between the two countries, presidency spokesperson Alaa Youssef said in a statement on Wednesday.

Al-Sisi"...

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07 Sep 2017

Egypt's Sisi eyes $1 bln in trade on Vietnam visit

Vietnam and Egypt agreed Wednesday to nearly triple trade to $1 billion including with ship-building and IT contracts, as Egypt seeks to kickstart its sputtering economy and forge ties with fast-growing Asian nations.

Egyptian"...

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07 Sep 2017

Arab Contractors lays concrete foundation for Egypt's new parliament HQ

Egyptian construction firm Arab Contractors says it has poured the concrete foundation of the parliament new headquarters in the country’s anticipated administrative capital city.

On a total space of 148,000 square metres, the new headquarters locates in the ministerial"...

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06 Sep 2017

RippleNami, Inc. Announces Partnership to Accelerate the Use of Blockchain in the Digitization of West Africa

RippleNami, Inc., provider of the only blockchain map-based data visualization platform, announces a partnership with Data Edge Revenue, a Freetown, Sierra Leone-based systems integration company focused on advancing digitization in West Africa. The partnership provides blockchain-based solutions to help public and private players deliver economic opportunities, critical services and resources to improve the lives of the people of West Africa. “Data now serves as a key currency in today’s economy,” said Jaye Connolly-LaBelle, president and chief executive officer of RippleNami. “This partnership accelerates the local......

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